Risk Management Strategies of Pig Farmers in Managing Production Challenges and Market Fluctuations
Pig farming is an important part of the local economy in Samarinda, East Kalimantan, although it has a number of difficulties because of production, market volatility, and socio-ecological considerations. This study looks at the risk management techniques used by 150 pig producers at various farm sizes. From a quantitative perspective, the results show that just 10% of farmers use crop insurance, while 85% rely on personal resources to manage financial risks. 70% of farmers use diversification techniques, such raising fish or poultry, and 60% use biosecurity measures, like disinfection and immunization, to reduce production hazards. 50% of farmers enter into contracts with significant purchasers to stabilize prices as a way to control market risk.
Authors
- Dinar Anindyasari
- Cori Qamara
- I Putu Gede Didik Widiarta
- Amalina Nur Wahyuningtyas
- Ananda Putra Agung
- Qurratu Aini
Institutions
- Mulawarman University (ID)
Publication Details
- Journal
- International Journal of Business and Applied Economics
- Published
- 2025-03-20
- DOI
- https://doi.org/10.55927/ijbae.v4i2.11
- Primary Topic
- Animal Disease Management and Epidemiology
- Type
- article
- Field-Weighted Citation Impact
- 0.00